Risk and insurance consultant vs subrogation specialist

Differences between risk and insurance consultant and subrogation specialist duties and responsibilities

Risk and insurance consultant example responsibilities.

• Manage litigation through appropriate selection of counsel, developing strategic action plans a while monitoring an active trial calendar.
• Implement the forecasting models in SAS.
• Monitor business line compliance to credit policy, exceptions to policy, underwriting standards and portfolio management.
• Identify and capture risk factors, including idiosyncratic and macroeconomic to support capital assessment, portfolio management and business decisions.
• Define and document a new application architecture which load client databases with properly format data using in-house develop Java ETL applications.
• Process subpoenas, arrange depositions, process statutory requests for medical records and review medical records prior to depositions.

Subrogation specialist example responsibilities.

• Apply strong customer service, organizational and multitasking skills to efficiently manage auto insurance claims.
• Finalize claim settlements, process reimbursement checks and forward unsettled claim files to litigation or arbitration.
• Run CCC evaluations to determine vehicle values for proper settlement negotiations.
• Claim handling, negotiation and settlements of files within the CCC guidelines.
• Review and complete title and DMV transfer forms to process and dispose salvage vehicles.
• Assist auto owners with salvage title guidelines respective to their state DMV's rules.
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